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4200 Dow Road

Gediminas Bulota And Rob Sekula Of North Park Ventures Purchase Industrial Asset In Melbourne For $3.525M
SOLDIndustrial

Gediminas Bulota And Rob Sekula Of North Park Ventures Purchase Industrial Asset In Melbourne For $3.525M

4200 Dow Road

$3,525,000

$117/SF

Building Size

30,000 SF

Asset Type

Industrial

Closing

Oct 30, 2025

AI

The industrial asset located at 4200 Dow Road in the Melbourne market has been sold for a transaction amount of $3,525,000. The property encompasses a total area of 30,000 square feet, equating to a price per square foot of $117.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,525,000
  • Address: 4200 Dow Road
  • Market: Melbourne
  • Buyer: Gediminas Bulota & Rob Sekula - North Park Ventures
  • Seller: Ramesh Patel - Papa Bear Holdings
  • Broker: Pablo Vignolo - The Hype Real Estate Group

Gediminas Bulota and Rob Sekula, representing North Park Ventures, completed the purchase of the property from seller Ramesh Patel, who is associated with Papa Bear Holdings. The transaction was facilitated by broker Pablo Vignolo from The Hype Real Estate Group, highlighting the involvement of key real estate professionals in this deal.

Players

Pablo Vignolo

The Hype Real Estate Group

Broker

$285.6M

vol

43 deals

Broker
The Hype Real Estate Group
The Hype Real Estate GroupBrokerage

Melbourne Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.50%

Cash-on-Cash

-1.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93